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Law Lawsuits

  • NEW YORK, June 8- A small trading exchange on Thursday filed an antitrust lawsuit accusing Bank of America Corp, Citigroup Inc, JPMorgan Chase& Co and nine other banks of conspiring to shut it out of the $9.9 trillion credit default swap market. Tera Group Inc accused the banks of coordinating a boycott of its seven-year-old TeraExchange platform by refusing both...

  • MOSCOW, June 8- Russia's Sberbank, a major lender to Croatia's heavily indebted food producer and retailer Agrokor, has filed a lawsuit to a court in Zagreb seeking to prevent the company and its crisis manager from raising new loans. In a statement on Thursday, Sberbank said that the lawsuit, aimed at preventing new loans at a roll-up option, had been filed on June 7.

  • SAN FRANCISCO, June 7- A magistrate judge has ruled that Uber Technologies Inc must hand over a key document that could shed light on what its executives knew about alleged theft of trade secrets from Alphabet Inc's Waymo self-driving car unit. Alphabet's Waymo claimed in a lawsuit earlier this year that former engineer Anthony Levandowski downloaded more...

  • *London judge calls off Wednesday's RBS trial. By Lawrence White and Kirstin Ridley. LONDON, June 7- A London High Court judge on Wednesday called off a trial due to begin on Wednesday in a long-running investor lawsuit against Royal Bank of Scotland over its 2008 rights issue that would have called disgraced former CEO Fred Goodwin to testify.

  • June 7- A London High Court judge on Wednesday called off a trial due to begin on Wednesday in a drawn-out investor lawsuit against Royal Bank of Scotland over its 2008 rights issue that would have called disgraced former CEO Fred Goodwin to testify. Judge Robert Hildyard said the minority of rebel shareholders, who have not wanted to accept an out-of-court...

  • Milo Yiannopoulos speaks during a press conference, February 21, 2017 in New York City.

    A fan of right-wing provocateur Milo Yiannopoulos has filed a lawsuit against the regents of the University of California, the mayor of Berkeley and a slew of others.

  • June 6- The U.S. Justice Department filed a friend-of-the-court brief on Tuesday in a lawsuit brought against Wells Fargo& Co by two former employees, who were fired after they reported misdemeanors they had noticed to their supervisors. The plaintiffs, Paul Bishop and Robert Kraus, had said the Wall Street bank had requested Federal Reserve loans on various...

  • WASHINGTON, June 6- U.S. discount retailer Dollar Tree Inc has filed a lawsuit against Dollar Express which was unsealed on Tuesday, alleging that the smaller company's private equity owners siphoned off funds and failed to pay for $50 million in goods and services. Dollar Express was formed in 2015 when Sycamore Partners II LP bought some 330 stores in 35 states...

  • Patent and Trademark Office Director Michelle Lee, who has won praise from technology companies for taking steps to minimize abusive patent litigation, resigned from her position on Tuesday, a spokesman for the agency has confirmed. The patent office is a division of the U.S. Department of Commerce that reviews applications for patents and trademarks.

  • A man walks by a Sears store.

    Sears today updated Chairman and CEO Eddie Lampert's May 15 blog post with a notice that the dispute with One World Technologies was resolved.

  • LONDON, June 6- Royal Bank of Scotland has reached an out-of-court deal to settle a costly and embarrassing lawsuit alleging it misled investors during a 12 billion pound cash call launched just before its near collapse in 2008, sources said. Sources familiar with the situation said a majority of shareholders in the group look set to accept an offer after days...

  • WASHINGTON/ NEW YORK, June 5- A federal judge in Illinois on Monday ordered Dish Network Corp to pay $280 million in penalties to the U.S. government and four states in an eight-year-old "robocall" telemarketing lawsuit. District Judge Sue Myerscough required Dish to pay $168 million to the U.S. government and $112 million to North Carolina, California, Ohio and...

  • WASHINGTON/ NEW YORK, June 5- A federal judge in Illinois ordered Dish Network Corp to pay $280 million in penalties to the U.S. government and four states in an eight-year-old "robocall" telemarketing lawsuit. District Judge Sue Myerscough required Dish to pay $168 million to the U.S. government and $112 million to North Carolina, California, Ohio and Illinois...

  • President Donald Trump (L) listens to EPA Administrator Scott Pruitt after announcing his decision that the United States will withdraw from the Paris Climate Agreement, in the Rose Garden of the White House in Washington, U.S., June 1, 2017.

    Conservation groups sued the Environmental Protection Agency, saying the agency unlawfully suspended rules to cut methane pollution.

  • This March 29, 2012 file photo, shows the beef product that critics call "pink slime" during a plant tour of Beef Products Inc. in South Sioux City, Neb. Jury selection is set to start Wednesday, May 31, 2017, in a defamation case over ABC news reports on a South Dakota meat producer's product, which critics dubbed "pink slime." Dakota Dunes-based Beef Products Inc. sued the TV network in 2012. It says ABC misled consumers into believing the product is unsafe, leading to layoffs and plant closures.

    A South Dakota meat processor's $5.7 billion defamation lawsuit against American Broadcasting Companies opens Monday.

  • WASHINGTON, June 2- U.S. discount retailer Dollar Express has filed a lawsuit accusing rival Family Dollar and its parent company Dollar Tree Inc of driving it out of business, the third government-required divestiture to fail in recent years. Dollar Express was formed in 2015 when private equity group Sycamore Partners II LP bought some 330 stores in 35 states...

  • NEW YORK, June 2- A federal appeals court on Friday ordered Whole Foods Market Inc to face a proposed class-action lawsuit accusing it of overcharging shoppers in New York City by overstating the weight of pre-packaged food in its supermarkets. The 2nd U.S. Circuit Court of Appeals in Manhattan said a lower court judge had erred in concluding that the plaintiff...

  • NEW YORK, June 2- A federal appeals court on Friday ordered Whole Foods Market Inc to face a proposed class-action lawsuit accusing it of overcharging shoppers in New York City by overstating the weight of pre-packaged food in its supermarkets. The 2nd U.S. Circuit Court of Appeals in Manhattan said a lower court judge had erred in concluding that the plaintiff...

  • Ohio on Wednesday became the latest, and largest, state or local government to bring an opioid lawsuit, suing Purdue Pharma LP, Johnson& Johnson's Janssen Pharmaceuticals Inc unit, Endo International Plc, Teva Pharmaceutical Industries Ltd's and Allergan Plc.. Mississippi, counties in New York and California and the city of Chicago have filed similar lawsuits...

  • NEW YORK, June 1- A Delaware court ruled on Thursday that Cypress Semiconductor must delay its annual shareholder meeting, ruling in favor of ex-CEO T.J. Rodgers who has waged a board battle against the company he founded. The Delaware Court of Chancery enjoined the $4.7 billion company's annual meeting until at least June 19, a Rodgers spokesman told Reuters.